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Aircraft Cockpit Display System Market

ID: MRFR/AD/4402-CR
152 Pages
Sejal Akre
February 2021

Global Aircraft Cockpit Display System Market Research Report Information By Display Type (Primary Flight, Multifunction, Engine-Indicating & Crew-Alerting System), Platform (Commercial & Military), Display Size (Less Than 5 Inches, 5 Inches to 10 Inches and Greater Than 10 Inches) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2035

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Aircraft Cockpit Display System Market Infographic
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Aircraft Cockpit Display System Market Summary

As per Market Research Future Analysis, the global Aircraft Cockpit Display Market is projected to grow at a CAGR of 3.30% during the forecast period from 2019 to 2027. The market is driven by advancements in technology that enhance the human-machine interface, improving flight safety and efficiency. Key factors contributing to market growth include the increasing demand for lightweight components, enhanced safety features, and automated flight control systems. However, challenges such as display blackouts and system complexity may hinder growth. North America held a 37.13% market share in 2019, with Asia-Pacific expected to be the fastest-growing region, registering a CAGR of 5.21%. The commercial segment is anticipated to witness the highest CAGR of 3.43% due to rising connectivity solutions in commercial aircraft.

Key Market Trends & Highlights

The Aircraft Cockpit Display Market is witnessing significant growth driven by technological advancements and safety requirements.

  • North America accounted for 37.13% of the market share in 2019.
  • Asia-Pacific is projected to grow at a CAGR of 5.21% during the forecast period.
  • The commercial segment is expected to register a CAGR of 3.43% due to increased connectivity solutions.
  • The market is expected to face challenges from display blackouts and increased complexity.

Market Size & Forecast

2019 Market Size USD 1.5 Billion
Forecast Period CAGR 3.30%
Fastest Growing Region Asia-Pacific

Major Players

Key players include Aspen Avionics Inc., Avidyne Corporation, Honeywell International Inc., L-3 Communication Holdings Inc., Northrop Grumman Corporation, Dynon Avionics, Elbit Systems Ltd., Esterline Technologies Corporation, Garmin Ltd, Collins Aerospace Inc., Thales Group, and Universal Avionics Display Type Corporation.

Aircraft Cockpit Display System Market Drivers

Rising Air Traffic

The Global Aircraft Cockpit Display Market Industry is poised for growth due to the rising air traffic worldwide. As more passengers opt for air travel, airlines are expanding their fleets, necessitating the incorporation of advanced cockpit display systems. The International Civil Aviation Organization (ICAO) projects that global air traffic will double by 2035, which will likely drive demand for modern cockpit technologies. This increase in air traffic not only necessitates more aircraft but also emphasizes the need for enhanced cockpit displays to manage complex flight operations efficiently. Consequently, the market is expected to experience a compound annual growth rate (CAGR) of 6.5% from 2025 to 2035.

Technological Advancements

The Global Aircraft Cockpit Display Market Industry is experiencing rapid technological advancements, particularly in the integration of digital displays and enhanced user interfaces. Innovations such as head-up displays (HUDs) and multi-function displays (MFDs) are becoming increasingly prevalent, providing pilots with critical flight information in real-time. This trend is expected to drive the market significantly, as the demand for more intuitive and efficient cockpit systems rises. By 2024, the market is projected to reach 12.5 USD Billion, reflecting the growing emphasis on improving pilot situational awareness and operational efficiency. Such advancements are likely to enhance safety and performance in aviation.

Government Regulations and Standards

Government regulations and standards play a crucial role in shaping the Global Aircraft Cockpit Display Market Industry. Regulatory bodies, such as the Federal Aviation Administration (FAA) and the European Union Aviation Safety Agency (EASA), are continuously updating safety and performance standards for cockpit displays. Compliance with these regulations often requires airlines and manufacturers to invest in advanced technologies, thereby driving market growth. As regulations become more stringent, the demand for sophisticated cockpit display systems that meet these requirements is likely to increase. This trend is expected to contribute to the market's expansion, particularly as new aircraft models are developed.

Increased Demand for Safety Features

Safety remains a paramount concern in aviation, propelling the Global Aircraft Cockpit Display Market Industry forward. Enhanced cockpit displays that provide better situational awareness and reduce pilot workload are increasingly sought after. Regulatory bodies are mandating advanced safety features, which include terrain awareness and warning systems (TAWS) and traffic collision avoidance systems (TCAS). As airlines and manufacturers prioritize safety, the market is expected to grow, with projections indicating a rise to 25 USD Billion by 2035. This growth underscores the industry's commitment to reducing accidents and improving overall flight safety through advanced cockpit display technologies.

Growing Demand for Retrofit Solutions

The Global Aircraft Cockpit Display Market Industry is witnessing a growing demand for retrofit solutions as older aircraft are updated with modern cockpit technologies. Airlines are increasingly investing in retrofitting existing fleets to enhance operational efficiency and comply with new regulations. This trend is particularly evident in regions with aging aircraft, where upgrading cockpit displays can significantly improve safety and performance. The retrofit market is expected to grow alongside new aircraft sales, providing opportunities for manufacturers to innovate and offer tailored solutions. As a result, the market is likely to benefit from this dual demand for both new and retrofitted cockpit display systems.

Key Companies in the Aircraft Cockpit Display System Market market include

Industry Developments

  • Q2 2024: Intellisense Systems Launches PFD-1209 Primary Flight Display for Next-Generation Aircraft Cockpits Intellisense Systems unveiled its new PFD-1209, a 15-inch primary flight display featuring vFusion technology, UXGA resolution, and dual-mode backlight, designed to meet night-vision requirements and enhance cockpit situational awareness for both commercial and military aircraft.

Future Outlook

Aircraft Cockpit Display System Market Future Outlook

The Aircraft Cockpit Display Market is projected to grow at a 6.5% CAGR from 2024 to 2035, driven by technological advancements, increasing demand for safety features, and the rise of digital cockpit solutions.

New opportunities lie in:

  • Invest in augmented reality displays to enhance pilot situational awareness.
  • Develop customizable cockpit interfaces tailored for specific aircraft models.
  • Leverage AI for predictive maintenance and operational efficiency in cockpit systems.

By 2035, the market is expected to achieve substantial growth, reflecting advancements in technology and increasing demand.

Market Segmentation

Key Questions Addressed by the Report

  • What was the historic market size (2018)?
  • Which segmentation (Platform/Display Type/Display Size) is driving market growth?
  • What will be the growth rate from 2019 to 2027?
  • Who are the key players in this market?
  • What are the strategies adopted by the key players?

Report Scope

Report Attribute/Metric Details
  Market Size   2026: Significant Value
  CAGR   3.30% (2018-2026)
  Base Year   2019
  Forecast Period   2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Display Type, Platform, Display Size
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Aspen Avionics Inc. (US), Avidyne Corporation (US), Honeywell International Inc. (US), L-3 Communication Holdings Inc. (US), Northrop Grumman Corporation (US), Dynon Avionics (US), Elbit Systems Ltd. (Israel), Esterline Technologies Corporation (US), Garmin Ltd (US), Collins Aerospace Inc. (US), Thales Group (France)
  Key Market Opportunities   The Demand for Lightweight Components with Advanced Functionalities
  Key Market Drivers   The Growing Increasing Air Passenger Traffic is the Primary Growth Inducer of the Market

Market Highlights

Author
Sejal Akre
Senior Research Analyst

She has over 5 years of rich experience, in market research and consulting providing valuable market insights to client. Hands on expertise in management consulting, and extensive knowledge in domain including ICT, Automotive & Transportation and Aerospace & Defense. She is skilled in Go-to market strategy, industry analysis, market sizing, in depth company profiling, competitive intelligence & benchmarking and value chain amongst others.

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FAQs

What is the estimated growth rate of the global aircraft cockpit display systems market?

Global aircraft cockpit display systems market is projected to register a moderate 3.30% CAGR in the forecast period.

Which factors are poised to drive the market growth?

The massive demand for aircraft cockpit display systems driven by the growing increasing air passenger traffic is the primary growth inducer of the market.

Which display type is expected to witness the highest growth?

The multifunction segment is expected to observe substantial demand over the review period.

Which platform is expected to observe the highest growth?

The commercial aircraft segment is expected to secure the highest CAGR.

What is the end-user segment of the global aircraft cockpit display systems market expected to witness the highest growth?

The OEM segment is slated to expand as the fastest-growing segment.

Who are the significant players operative in the global aircraft cockpit display systems market?

A few emminent market players operating in the global aircraft cockpit display systems market are Thales Group (France), Collins Aerospace Inc. (US), and Universal Avionics Display Type Corporation (US).

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